EghtesadOnline: U.S. Senate Republicans narrowly agreed on Tuesday to open debate on a bill to end Obamacare, but the party's seven-year effort to roll back Democratic President Barack Obama's signature healthcare law still faces significant hurdles.
EghtesadOnline: The U.S. Senate will delay its consideration of healthcare legislation while Arizona Republican Senator John McCain recuperates from surgery, Senate Republican leader Mitch McConnell said on Saturday.
EghtesadOnline: Republican leaders are eager to avoid a government shutdown but the demise of their Obamacare repeal could leave some conservatives spoiling for a fight that raises the odds of a standoff.
EghtesadOnline: Asian shares inched ahead on Wednesday while the dollar and commodities held gains as investors shook off disappointment about U.S. President Donald Trump's failed healthcare bill and focused on an improving outlook for global growth.
EghtesadOnline: U.S. President Donald Trump told a group of senators on Tuesday that he expected lawmakers would be able to reach a deal on healthcare, without offering specifics on how they would do it or what had changed since a healthcare reform bill was pulled last week for insufficient support.
EghtesadOnline: The most oversold Group-of-10 currency since the U.S. election is making a comeback. A reassessment on the likelihood of pro-growth policies in the U.S. after the failure of the health-care bill last week, and a series of domestic and technical factors have combined to reignite buying interest in the yen, and analysts see more upside.
EghtesadOnline: The dollar has lost nearly all its gains enjoyed since President Donald Trump’s election victory in November after the failed health-care deal last week cast doubt over the fate of the U.S. leader’s economic plans.
EghtesadOnline: European stocks slipped, mirroring a drop in U.S. index futures, as the failure to pass U.S. health-care legislation Friday sparked fresh doubts over the ability of U.S. President Donald Trump’s party to cut taxes and boost infrastructure spending.
EghtesadOnline: President Donald Trump lashed out at Republican leaders and groups on Sunday for the defeat of the bill to repeal and replace his predecessor’s health-care law, after blaming Democrats for the loss on Friday.
EghtesadOnline: Two weeks ago, Paul Ryan rolled up his shirtsleeves to deliver an energetic PowerPoint presentation of a health-care bill he said conservatives have been “dreaming about.” On Friday, a chastened Ryan stood in the same spot, admitting that Obamacare would remain the law of the land.